5 things to know about Non-Convertible Debentures (NCD).NCDs are listed and traded on the stock exchange, providing liquidity to investors. All you need to know
Listed NCDs yielding more than 9% with AAA ratingAn NCD refers to a debt instrument issued by a corporation including NBFCs to raise money with an initial maturity of up to one year and is...
IndiGrid NCD issue oversubscribed nearly 10 times, to raise Rs 1,000 crThrough the issue of non-convertible debt securities IndiGrid aims to raise up to Rs 1,000 crore.
Fund raising via NCDs drops 29% in FY21 on decline in credit ratingsGoing forward, experts say, the ongoing financial year (2021-22) will see some attractive numbers in non-convertible debenture (NCD) fund r...
- Muthoot Fincorp, Manappuram NCDs don’t look very attractive, say experts
Financial planners believe there are better options available in secondary market to scout for.
Brickwork downgrades outlook on Edelweiss NCDsLast week, ICRA had cut Edelweiss Financial’s long-term NCD rating to AA- from AA with a negative outlook.
Brickwork Ratings cuts outlook on Edelweiss’ NCDs to negativeLast week, ICRA had cut Edelweiss Financial’s long-term NCD rating to AA- from AA with a negative outlook.
ECL Finance NCD opens today: Should you invest?NCDs suit those in the lower tax brackets. Now, while the tax treatment on bank FDs and NCDs is similar, NCDs give higher post-tax returns.
NCDs offer better returns than bank FDs, but are they ideal for you?NCD’s have a maturity date or tenor ranging from 90 days - 20 years and a fixed rate of interest.
HDFC plans to raise Rs 1,500 crore in debt to augment capitalProceeds from the issue will be used to augment the long-term resources of the company. The issue will open on October 13.
- Air India's Rs 7400 crore NCD rated AAA(SO) by Fitch
India Ratings on Wednesday assigned AAA(SO) to Air India proposed Rs7400 crore non-convertible debenture.
Debt products can be bought cheaper in secondary marketInvestors can buy these products at a discount to their face value or their NAV from the secondary market.
- Shriram City Union Finance to raise up to Rs 500 crore through NCD
This includes an option to retain over-subscription up to Rs 250 crore for issuance of additional NCDs.
- First Leasing Limited plans to raise Rs 50 cr through NCDs
First Leasing Limited is planning to raise up to Rs 50 crore through private placement of unsecured redeemable non convertible debentures (...
- Look for post tax returns on NCD and not just yields
As YTM of some of the instruments crosses 15%, hunt for bargains becomes even more interesting. But better to account for tax before you de...
- Initiating a programme of borrowing for retail: Kavi Arora, CEO, Religare Finvest
In an interview with ET Now, Kavi Arora, CEO, Religare Finvest, talks about its NCD issue. Excerpts:
- Tap NCDs for fixed income & tax gains
Non-convertible debentures do not attract TDS and are easier to trade than company FDs.